← IPO Calendar

Purple United Sales IPO IPO

Mainline11 Dec 202413 Dec 2024
Open
11 Dec 2024
Close
13 Dec 2024
3
Allotment
Listing
Wed, Dec 18, 2024
Price Band
₹121 to ₹126
Issue Size
26,04,000 shares (agg. up to ₹33 Cr)
Lot Size
1,000 Shares
Listing Date
Wed, Dec 18, 2024
Latest GMP
₹80
Est. Gain
63.49%
✦ AI Insight

GMP Trend

18-12-202480Est. ₹206+63.49%
17-12-202480Est. ₹206+63.49%
16-12-202480Est. ₹206+63.49%

Live Subscription

CategorySubscription (times)
Total111.98x

Restated Financials (₹ Cr.)

Period Ended30 Sep 202431 Mar 202431 Mar 202331 Mar 2022
Assets70.3449.1432.5122.79
Total Income30.5242.9225.7116.56
Profit After Tax3.294.821.491.77
NET Worth23.6917.3410.376.18
Reserves and Surplus16.6810.704.290.64
Total Borrowing33.6725.6311.8711.06
Amount in ₹ Crore

Peer Comparison

CompanyIssue TypeIssue SizeIssue PricePE RatioListing Day CloseListing Gain/Loss %LTP
SD Retail Ltd.SME₹64.98 Cr₹13123.73₹150.90+15.19%₹90.00 (+0.00%)
Forcas Studio Ltd.SME₹37.44 Cr₹8090.09₹144.40+80.50%₹141.80 (+4.30%)
Kizi Apparels Ltd.SME₹5.58 Cr₹2115.01₹24.30+15.71%₹19.27 (-3.36%)
Signoria Creation Ltd.SME₹9.28 Cr₹659.37₹137.55+111.62%₹134.20 (-4.99%)
Saraswati Saree Depot Ltd.Mainboard₹160.01 Cr₹16017.94₹203.70+27.31%₹53.62 (-0.70%)

Objects of the Issue

#Issue ObjectsEst Amt (₹ Cr.)
1Expenditure for opening new stores18.00
2Working capital requirements;5.35
3General corporate purposes;5.58

About Purple United Sales IPO

Incorporated in 2014, Purple United is a fashion brand that offers clothing, shoes, and accessories for children of all ages. The company's flagship line, "Purple United Kids", accompanies children up to the age of 14 and offers laboratory-tested products made of high-quality materials in bright colours and designs for every occasion. The company designs, develops, sources, markets and distributes clothing and footwear for infants (0 to 1 year), toddlers (2 to 6 years) and older children (7 to 14 years). The company offers a wide range of accessories and hardware, such as strollers. The company operates mainly in India, with 17 exclusive stores (called EBOs) in 5 states and 10 cities in India and 20 shop-in-shop locations in popular retail chains. Purple United Kids products are also available online through their website, mobile app, and big e-commerce platforms like Myntra, Amazon, Flipkart, FirstCry, Nykaa, Hopscotch, AJJIO, and more. Additionally, the company works with 44 retailers across the country. The company's product range includes t-shirts, shirts, jackets, sweaters, apparel sets, dungarees, rompers, party wear, dresses, denim, trousers, jeggings, skirts, shoes, balleri

Contact Details

Purple United Sales Ltd. AddressKhasra No.55/14 & 55/15Near Rani Khera RoadMundkaDelhi, New Delhi, 110041+91 9667792635jdseth@purpleuniVisit Website